Phil Rosen
Phil Rosen
Senior markets reporter @BusinessInsider • 2x author • I've published a million words on creativity, books and personal brand, just for you⤵️Source
New York City, New York
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The housing market is about to get a lot more expensive for millennials and Gen Z

The housing market is about to get a lot more expensive for millennials and Gen Z

The housing market is already historically unaffordable, but for Gen Z and millennial Americans it's about to get even more difficult to navigate once student loan payments resume in October. Millions of student loan borrowers have enjoyed the pause in payments since March 2020, but the end of that moratorium will deliver a "major financial shock" to young adults, according to Moody's Analytics. Individuals born from 1979 through 1998 in particular will have to balance resumed payments with increased costs of living and inflation. A recent American Community Survey found that one out of...

Sep 13
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